EZRA KLEIN IN THE WASHPO ON THE TIMES SQUARE BOMBER….DUMB AND DUMBER….

http://voices.washingtonpost.com/ezra-klein/2010/05/the_economic_crisis_meets_terr.html
 
“But it’s a reminder that foreclosures generate an enormous amount of misery and anxiety and depression that can tip people into all sorts of dangerous behaviors that don’t make headlines but do ruin lives. And for all that we’ve done to save the financial sector, we’ve not done nearly enough to help struggling homeowners.”
 

The economic crisis meets terrorism

Annie Lowrey catches something unexpected: The arrested subject of last weekend’s Times Square bomb plot is a homeowner in the midst of foreclosure. Here’s MSNBC:

[Faisal Shahzad] defaulted on a $200,000 mortgage on his Connecticut home and the Shelton property is now in foreclosure, according to court records. The foreclosure records show Faisal Shahzad took out the mortgage in 2004, and that he co-owned the home with a woman named Huma Mian. Chase Home Finance LLC sued Shahzad, 30, in September to force the foreclosure. The case is pending in Milford Superior Court.

 

This guy is like string theory for the media: He brings together the seemingly incompatible stories that drove the past decade. That said, you of course don’t want to speculate on why someone “really” did something. The hearts of men are opaque, and motives are complex. But it’s a reminder that foreclosures generate an enormous amount of misery and anxiety and depression that can tip people into all sorts of dangerous behaviors that don’t make headlines but do ruin lives. And for all that we’ve done to save the financial sector, we’ve not done nearly enough to help struggling homeowners.


 

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